With the success of the Switch and Pokemon GO, Nintendo share holders are very optimistic about the company’s future: its share price just hit a 5-year high, selling for 31,880 Yen on the Nikkei stock market in Japan, and $35.46 here in the US. <\/p>\n

The share price is up almost 30% since the Switch launched a few month ago. The console has been a massive success, selling over 2.7 million units during its first month<\/a> and has been sold out ever since. <\/p>\n

Investors and market analysts are optimistic about Nintendo shares, not just because of the current success, but because they believe the company can continue this into the future. <\/p>\n

Nintendo has lots of great games lined up for the Switch this year, and they have plans of releasing more mobile games as well — the company has said that it plans to release two mobile games per year based on their popular franchises. <\/p>\n

And it helps that the company is raking in money right now: last quarter Nintendo made more than half a billion dollars in profit<\/a>.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Thanks to the Switch, Pokemon GO, and upcoming games. <\/p>\n","protected":false},"author":4,"featured_media":46382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"xf_promoted_thread_id":0},"categories":[],"tags":[3189,40],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/posts\/46381"}],"collection":[{"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/comments?post=46381"}],"version-history":[{"count":0,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/posts\/46381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/daily.net\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/media?parent=46381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/categories?post=46381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/tags?post=46381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}